Town Hall News

(Reuters) – Fighting around the eastern Ukrainian city of Bakhmut is “particularly hot”, President Volodymyr Zelenskiy said, giving no indication the city had finally fallen to Russia as claimed by the founder of the Wagner mercenary force. REPORTER’S ARREST * U.S. Secretary of State Antony Blinken urged the release of Wall Street Journal reporter Evan Gershkovich, who Russia accuses of spying, in a call on Sunday with Russian Foreign Minister […]

By Wayne Cole SYDNEY (Reuters) – Oil prices surged on Monday after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in U.S. price data had boosted market optimism. Brent oil futures jumped $4.30 to $84.19 a barrel on news output would be cut by around 1.16 million barrels per day, while U.S. crude […]

(Reuters) – Boxed Inc filed for Chapter 11 bankruptcy protection and was pursuing sale of its software business, the e-commerce grocery platform said on Sunday, adding that it will also wind down its retail operations in the coming weeks. The plan to sell Spresso, its Software-as-a-Service business, chimes with the company’s announcement last month to explore options to raise capital. “This was an incredibly difficult decision, and one that we […]

By Wayne Cole SYDNEY (Reuters) – Oil prices surged on Monday after Saudi Arabia and other OPEC+ oil producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in U.S. price data had boosted market optimism. Brent oil futures jumped $5.16 to $85.05 a barrel on news output would be cut by around 1.16 million barrels per day, while U.S. […]

Right-hander Kodai Senga struck out eight batters in his major league debut, leading the New York Mets to a 5-1 win over the host Miami Marlins on Sunday afternoon. Senga (1-0), who played 11 years of pro ball in Japan, is considered a rookie at age 30. He allowed three hits, three walks and one run in 5 1/3 innings. All eight of his strikeouts came on his best pitch, […]

By Wayne Cole SYDNEY (Reuters) – Oil prices surged on Monday after Saudi Arabia and other OPEC+ oil producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in U.S. price data had boosted market optimism. Brent oil futures jumped $5.16 to $85.05 a barrel on news output would be cut by around 1.16 million barrels per day, while U.S. […]

HONG KONG (Reuters) – Japanese investment bank Nomura Holdings Inc on Monday said it has appointed Dr. Rudolf Hitsch as head of North Asia for its international wealth management business. Hitsch, former head of North Asia at Citi Private Bank, will be based in Hong Kong and run client relationship management teams covering North Asia in the newly created post. He will report to Ravi Raju, head of the wealth […]

By Nick Starkov and Ronald Popeski KYIV (Reuters) – Fighting around the eastern Ukrainian city of Bakhmut remained “particularly hot”, President Volodymyr Zelenskiy said, giving no indication the city had finally fallen to Russia as claimed by the founder of the Wagner mercenary force. Yevgeny Prigozhin said his troops, involved in a months-long effort to encircle and capture the bombed-out city, had raised a Russian flag on its administrative building. […]

(Reuters) – Burger chain McDonald’s Corp is temporarily closing its U.S. offices this week as it prepares to inform corporate employees about its layoffs as part of a broader company restructuring, the Wall Street Journal reported on Sunday. In an internal email last week to U.S. employees and some international staff, McDonald’s asked them to work from home from Monday through Wednesday so it can deliver staffing decisions virtually, the […]